Question: Based on the following information, what is the expected return? State of Economy Recession Normal Boom Probability of State Rate of Return if State Occurs
Based on the following information, what is the expected return? State of Economy Recession Normal Boom Probability of State Rate of Return if State Occurs -9.10% 10.60% 21.40% of Economy . 23 . 46 .31 Multiple Choice 763% 13.60% 8.53%
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